Tesla Inc. (TSLA) - Get Report CEO Elon Musk tweeted Tuesday that a new Gigafactory near Berlin will build batteries, powertrains and vehicles.

Musk announced plans for the plant during an awards ceremony in Germany, according to multiple published reports.

The plant would be the fourth such facility for the electric car maker.

The others are located near Reno, Nev., Buffalo, N.Y., and the just-completed facility near Shanghai.

Tesla shares rose $4.84, or 1.4%, to $349.93 Tuesday.